Max 401k Contribution 2024 Over 50 Years Old

Max 401k Contribution 2024 Over 50 Years Old. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. If you are 50 or older, you can add up to $7,500 extra per year from $6,500.

Be sure to take advantage. The 401 (k) maximum contribution limit for 2024 is $23,000.